Reporting and analysis on retail, e-commerce, and consumer trends in Thailand, updated continuously by our newsroom.
Vietnam has imposed an anti-dumping and anti-circumvention levy on Thai sugar imported via 5 ASEAN nations. The final verdict was made Monday, and the duty of 47.64 percent will become effective between Aug. 9 and June 15, 2026. The probe was launched last…
Starbucks Thailand has announced an expansion strategy, which calls for opening 30 new coffee shops in Thailand every year until 2024 – 90 in all – according to Bangkok Post. The company claims to be prepared to expand again this year, after sales improved…
Thai retailer CP All has appointed Yuthasak Phoomsurakul as its new CEO of operations, overseeing the company’s network of more than 11,000 7-Eleven stores. Phoomsurakul started his career with the company as the deputy MD of marketing and product management…
Alibaba’s grocery store chain Freshippo is searching for to boost funds at a valuation of about $6 billion, a lot decrease than a hoped-for valuation of as much as $10 billion earlier this 12 months, three individuals accustomed to the matter informed…
Toyota has called a halt to the import of its 2022 Hilux pickup into Vietnam over a lack of diesel supply meeting Euro 5 standards. Using low-quality diesel could damage the Hilux’s engine, and supply of Euro 5 diesel (DO-V) outside Ho Chi Minh City and Hanoi…
Thailand’s mobile service provider Advanced Info Service (AIS) announced that it is planning to invest 32.4 billion baht to buy out Triple T Broadband and to purchase units owned by JASIF infrastructure fund. In a stock exchange filing, AIS said that it…
Tanachira Retail Corporation Co, the importer and distributor of lifestyle fashion brands including Harnn, Marimekko and Pandora, is eyeing the acquisition of health lifestyle food & beverage operators to help reduce business risks and sustain the company’s…
At the Thailand 5G Summit 2022, Thailand’s Digital Economy Promotion Agency (DEPA) announced the establishment of the Thailand 5G Alliance with the support of Thai Prime Minister H.E. General Prayut Chan-o-cha. The summit was co-hosted by Thailand’s Ministry…
Some 83 Triumph Trident 660 sportbikes were recalled in Vietnam since their kickstands may be prone to bending. The units were made in Thailand between Feb. 7 and May 15 last year, according to Vietnam Register. A representative of Triumph Vietnam said the…
Big C Supercenter Plc, a leading retail operator in Thailand, has acquired Kiwi Mart — a convenience store chain in Cambodia — via its Cambodian subsidiary to strengthen its retail business in the neighbouring country. According to Gary Hardy, an adviser of…
Lotte, Korea’s largest retailer, has decided to pull out of China altogether, due to the country’s continued retaliation against Korean firms after Seoul’s decision to station a U.S. anti-missile battery in 2016, as well as sluggish private consumption amid…
KBank recently announced the appointment of Ms. Voranuch Dejakaisaya as Executive Chairman–KASIKORN Business–Technology Group (KBTG) to supervise the IT systems of KBTG and KBank, and help steer the organizations’ transformation plans and regional expansion.…
Thailand on Saturday warned against the creation of online content that risked insulting the country’s monarchy, after a video by a social media influencer promoting e-commerce platform Lazada incensed royalists, who said it was mocking the palace. Thai law…
US burger chain Shake Shack is ramping up its Southeast Asia expansion with its upcoming Thai debut in partnership with Hong Kong-based licensee, Maxim’s Caterers. Thailand’s first Shake Shack location, which will also be a flagship store, is expected to open…
Asia Pacific’s airport retail market is projected to grow to US$33.8 billion by 2026, driving the global market to $63.4 billion thanks to a compound annual growth rate of 7.8 percent. According to GlobalData, the growth will be driven by the increase in…
Thailand’s cabinet on Tuesday approved a package of incentives including tax cuts and subsidies to promote a shift to electric vehicles (EVs) in Southeast Asia’s major auto production base, a government spokesperson said. The package for 2022-2025 is in line…
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